Curro holds on to dividend, but reports pupil growth

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Curro holds on to dividend, but reports pupil growth
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Pupil numbers rose 7.2% to 66,167 during the six months to end-June, but the group remains cautious about payouts to shareholders 🔒

Private education group Curro says 7% pupil growth in its first half to end-June underscores the credibility of what it is offering parents and pupils, but the group has opted to hold on to dividends as Covid-19 and its effects remain unpredictable.

Curro, majority owned by SA investment heavyweight PSG Group, said on Wednesday its average learner numbers for the first half increased by 7.2% to 66,167, helping to lift revenue 12% to R1.78bn...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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